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What is the world’s most expensive city to live in, in 2021?

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What is the world’s most expensive city to live in, in 2021?

Israel’s Tel Aviv has been ranked the world’s most expensive city to live in, according to an Economist Intelligence Unit (EIU) report published Nov. 30, 2021. The Israeli seaside city climbed five spots in 2021 to take the title from last year’s joint winners of Paris, Hong Kong, and Zurich. The French capital tied in second with Singapore, while Zurich and Hong Kong made up the rest of the top five. New York was in sixth, with Geneva in seventh, and Copenhagen, Los Angeles, and Osaka rounding off the Top 10._x000D_

Why is Tel Aviv so expensive?

_x000D_Tel Aviv’s surge up the Economist’s table was partly due to the strength of the Israeli shekel against the dollar, as well as increases in prices for transport and groceries. It was ranked the second most expensive city for alcohol and transport, fifth for personal care, and sixth for recreation.

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